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Progress Software (PRGS) Competitors

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$42.84 0.00 (0.00%)
Closing price 08/7/2026 04:00 PM Eastern
Extended Trading
$42.26 -0.58 (-1.36%)
As of 09:17 AM Eastern
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PRGS vs. DLB, QLYS, NTSK, CVLT, and BB

Should you buy Progress Software stock or one of its competitors? MarketBeat compares Progress Software with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Progress Software include Dolby Laboratories (DLB), Qualys (QLYS), Netskope (NTSK), CommVault Systems (CVLT), and BlackBerry (BB). These companies are all part of the "systems software" industry.

How does Progress Software compare to Dolby Laboratories?

Dolby Laboratories (NYSE:DLB) and Progress Software (NASDAQ:PRGS) are both technology companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, valuation, analyst recommendations, institutional ownership, media sentiment, profitability, risk and earnings.

Dolby Laboratories currently has a consensus price target of $90.75, indicating a potential upside of 47.08%. Progress Software has a consensus price target of $50.50, indicating a potential upside of 17.88%. Given Dolby Laboratories' stronger consensus rating and higher probable upside, research analysts plainly believe Dolby Laboratories is more favorable than Progress Software.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Dolby Laboratories
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
Progress Software
1 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.57

Dolby Laboratories has a beta of 0.8, meaning that its stock price is 20% less volatile than the broader market. Comparatively, Progress Software has a beta of 0.8, meaning that its stock price is 20% less volatile than the broader market.

Dolby Laboratories has a net margin of 16.70% compared to Progress Software's net margin of 8.87%. Progress Software's return on equity of 43.07% beat Dolby Laboratories' return on equity.

Company Net Margins Return on Equity Return on Assets
Dolby Laboratories16.70% 11.08% 9.04%
Progress Software 8.87%43.07%8.78%

58.6% of Dolby Laboratories shares are held by institutional investors. 37.9% of Dolby Laboratories shares are held by company insiders. Comparatively, 4.1% of Progress Software shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Dolby Laboratories has higher revenue and earnings than Progress Software. Progress Software is trading at a lower price-to-earnings ratio than Dolby Laboratories, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Dolby Laboratories$1.35B4.27$255.02M$2.3526.26
Progress Software$977.83M1.80$73.13M$2.0620.80

In the previous week, Dolby Laboratories had 3 more articles in the media than Progress Software. MarketBeat recorded 9 mentions for Dolby Laboratories and 6 mentions for Progress Software. Progress Software's average media sentiment score of 1.31 beat Dolby Laboratories' score of 0.88 indicating that Progress Software is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Dolby Laboratories
6 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Progress Software
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Dolby Laboratories beats Progress Software on 12 of the 15 factors compared between the two stocks.

How does Progress Software compare to Qualys?

Qualys (NASDAQ:QLYS) and Progress Software (NASDAQ:PRGS) are both technology companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, risk, analyst recommendations, earnings, dividends, institutional ownership, media sentiment and profitability.

Qualys has higher earnings, but lower revenue than Progress Software. Progress Software is trading at a lower price-to-earnings ratio than Qualys, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Qualys$669.12M9.49$198.32M$5.7831.74
Progress Software$977.83M1.80$73.13M$2.0620.80

Qualys has a net margin of 29.38% compared to Progress Software's net margin of 8.87%. Progress Software's return on equity of 43.07% beat Qualys' return on equity.

Company Net Margins Return on Equity Return on Assets
Qualys29.38% 37.52% 19.41%
Progress Software 8.87%43.07%8.78%

99.3% of Qualys shares are held by institutional investors. 0.7% of Qualys shares are held by insiders. Comparatively, 4.1% of Progress Software shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Qualys presently has a consensus price target of $170.53, suggesting a potential downside of 7.06%. Progress Software has a consensus price target of $50.50, suggesting a potential upside of 17.88%. Given Progress Software's stronger consensus rating and higher possible upside, analysts plainly believe Progress Software is more favorable than Qualys.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Qualys
1 Sell rating(s)
12 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.24
Progress Software
1 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.57

In the previous week, Qualys had 40 more articles in the media than Progress Software. MarketBeat recorded 46 mentions for Qualys and 6 mentions for Progress Software. Progress Software's average media sentiment score of 1.31 beat Qualys' score of 0.58 indicating that Progress Software is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Qualys
16 Very Positive mention(s)
5 Positive mention(s)
18 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Progress Software
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Qualys has a beta of 0.6, indicating that its stock price is 40% less volatile than the broader market. Comparatively, Progress Software has a beta of 0.8, indicating that its stock price is 20% less volatile than the broader market.

Summary

Qualys beats Progress Software on 9 of the 17 factors compared between the two stocks.

How does Progress Software compare to Netskope?

Progress Software (NASDAQ:PRGS) and Netskope (NASDAQ:NTSK) are both technology companies, but which is the better stock? We will compare the two businesses based on the strength of their dividends, analyst recommendations, valuation, earnings, risk, institutional ownership, profitability and media sentiment.

In the previous week, Netskope had 2 more articles in the media than Progress Software. MarketBeat recorded 8 mentions for Netskope and 6 mentions for Progress Software. Progress Software's average media sentiment score of 1.31 beat Netskope's score of 0.55 indicating that Progress Software is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Progress Software
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Netskope
3 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Progress Software has higher revenue and earnings than Netskope. Netskope is trading at a lower price-to-earnings ratio than Progress Software, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Progress Software$977.83M1.80$73.13M$2.0620.80
Netskope$709M8.47-$679.39M-$0.20N/A

Progress Software presently has a consensus price target of $50.50, indicating a potential upside of 17.88%. Netskope has a consensus price target of $17.21, indicating a potential upside of 15.74%. Given Progress Software's higher possible upside, equities analysts plainly believe Progress Software is more favorable than Netskope.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Progress Software
1 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.57
Netskope
1 Sell rating(s)
1 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
2.90

Progress Software has a net margin of 8.87% compared to Netskope's net margin of 0.00%. Progress Software's return on equity of 43.07% beat Netskope's return on equity.

Company Net Margins Return on Equity Return on Assets
Progress Software8.87% 43.07% 8.78%
Netskope N/A N/A N/A

Summary

Progress Software beats Netskope on 9 of the 14 factors compared between the two stocks.

How does Progress Software compare to CommVault Systems?

Progress Software (NASDAQ:PRGS) and CommVault Systems (NASDAQ:CVLT) are both technology companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, analyst recommendations, valuation, media sentiment, institutional ownership, dividends, profitability and risk.

In the previous week, CommVault Systems had 3 more articles in the media than Progress Software. MarketBeat recorded 9 mentions for CommVault Systems and 6 mentions for Progress Software. Progress Software's average media sentiment score of 1.31 beat CommVault Systems' score of 0.83 indicating that Progress Software is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Progress Software
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
CommVault Systems
5 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Progress Software has higher earnings, but lower revenue than CommVault Systems. Progress Software is trading at a lower price-to-earnings ratio than CommVault Systems, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Progress Software$977.83M1.80$73.13M$2.0620.80
CommVault Systems$1.18B4.74$70.66M$1.5786.16

Progress Software presently has a consensus price target of $50.50, indicating a potential upside of 17.88%. CommVault Systems has a consensus price target of $152.47, indicating a potential upside of 12.71%. Given Progress Software's stronger consensus rating and higher probable upside, research analysts clearly believe Progress Software is more favorable than CommVault Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Progress Software
1 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.57
CommVault Systems
0 Sell rating(s)
10 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.55

93.5% of CommVault Systems shares are held by institutional investors. 4.1% of Progress Software shares are held by insiders. Comparatively, 0.9% of CommVault Systems shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Progress Software has a beta of 0.8, meaning that its stock price is 20% less volatile than the broader market. Comparatively, CommVault Systems has a beta of 0.81, meaning that its stock price is 19% less volatile than the broader market.

Progress Software has a net margin of 8.87% compared to CommVault Systems' net margin of 5.62%. CommVault Systems' return on equity of 88.75% beat Progress Software's return on equity.

Company Net Margins Return on Equity Return on Assets
Progress Software8.87% 43.07% 8.78%
CommVault Systems 5.62%88.75%5.59%

Summary

CommVault Systems beats Progress Software on 9 of the 17 factors compared between the two stocks.

How does Progress Software compare to BlackBerry?

BlackBerry (NYSE:BB) and Progress Software (NASDAQ:PRGS) are both technology companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, analyst recommendations, profitability, dividends, institutional ownership, earnings, media sentiment and valuation.

BlackBerry has a beta of 2.26, suggesting that its share price is 126% more volatile than the broader market. Comparatively, Progress Software has a beta of 0.8, suggesting that its share price is 20% less volatile than the broader market.

BlackBerry has a net margin of 10.31% compared to Progress Software's net margin of 8.87%. Progress Software's return on equity of 43.07% beat BlackBerry's return on equity.

Company Net Margins Return on Equity Return on Assets
BlackBerry10.31% 11.66% 7.07%
Progress Software 8.87%43.07%8.78%

54.5% of BlackBerry shares are owned by institutional investors. 0.5% of BlackBerry shares are owned by insiders. Comparatively, 4.1% of Progress Software shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

In the previous week, Progress Software had 5 more articles in the media than BlackBerry. MarketBeat recorded 6 mentions for Progress Software and 1 mentions for BlackBerry. Progress Software's average media sentiment score of 1.31 beat BlackBerry's score of 0.15 indicating that Progress Software is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
BlackBerry
0 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Progress Software
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Progress Software has higher revenue and earnings than BlackBerry. Progress Software is trading at a lower price-to-earnings ratio than BlackBerry, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
BlackBerry$549.10M9.58$53.20M$0.0999.71
Progress Software$977.83M1.80$73.13M$2.0620.80

BlackBerry currently has a consensus price target of $8.92, indicating a potential downside of 0.58%. Progress Software has a consensus price target of $50.50, indicating a potential upside of 17.88%. Given Progress Software's stronger consensus rating and higher possible upside, analysts clearly believe Progress Software is more favorable than BlackBerry.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
BlackBerry
0 Sell rating(s)
8 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.36
Progress Software
1 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.57

Summary

Progress Software beats BlackBerry on 11 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PRGS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PRGS vs. The Competition

MetricProgress SoftwareSoftware IndustryTechnology SectorNASDAQ Exchange
Market Cap$1.76B$15.72B$29.91B$12.99B
Dividend YieldN/A3.43%2.73%10.20%
P/E Ratio20.80126.9475.9725.05
Price / Sales1.801,297.81598.03107.93
Price / Cash5.1143.9150.5137.44
Price / Book3.848.408.176.43
Net Income$73.13M$437.06M$679.76M$348.10M
7 Day Performance3.23%2.40%3.13%2.66%
1 Month Performance13.15%1.86%0.31%-0.85%
1 Year Performance-2.46%9.03%203.19%23.96%

Progress Software Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRGS
Progress Software
3.9381 of 5 stars
$42.84
flat
$50.50
+17.9%
-2.5%$1.76B$977.83M20.802,801
DLB
Dolby Laboratories
4.6664 of 5 stars
$61.13
+2.3%
$90.75
+48.5%
-15.0%$5.65B$1.35B26.012,051
QLYS
Qualys
2.3534 of 5 stars
$161.06
+4.0%
$142.53
-11.5%
+42.8%$5.45B$669.12M28.922,625
NTSK
Netskope
3.9764 of 5 stars
$13.80
+3.3%
$17.21
+24.7%
N/A$5.40B$709MN/A3,281
CVLT
CommVault Systems
3.4443 of 5 stars
$132.10
+5.7%
$152.47
+15.4%
-26.3%$5.18B$1.18B84.143,300

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This page (NASDAQ:PRGS) was last updated on 8/10/2026 by MarketBeat.com Staff.
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